HiPOS Conservative Trade Update - HiPOS is a systematic approach to selling volatility to generate monthly income. It is not trying to pick the direction of markets. Nor is it trying to predict fundamental things like earnings.
Derek and Jay are back again to discuss the CBOE launching a new 1 Day VIX Index and what it means in relation to the viability of the traditional VIX Index. Plus, they note that 1 month treasury bill yields are far below the 3 month which is odd when looking historically at the relationship.
Where the HiPOS Trade Stands - With 2 more full days of trading left, the S&P 500 Index (SPX) currently sits over 21% above the short 3200 strike.
HiPOS Weekly Update: Lower Volatility and Time Decay Benefits - Instead of a State of the Union, I’ll call this the State of HIPOS. And so far, so good!
HiPOS Trade Update: Accessing the Volatility Bank - Today ZEGA’s traders tapped into the elevated volatility levels in markets to identify our latest short put spread trade on the S&P 500 Index.
Jay Pestrichelli, CEO of ZEGA Financial, is on a special 200th episode of the Broken Pie Chart Podcast to go over their predictions for 2023.